Here’s a quick recap of the crypto landscape for Friday (June 19) as of 10:00 a.m. UTC. Get the latest insights on Bitcoin, Ether and altcoins, along with a round-up of key cryptocurrencymarket news Bitcoin (BTC) was priced at US$62,348.91, down by 2.4 percent over the past 24 hours. Chart via TradingView Bitcoin price performance, … Read more
Is NFLX Stock Worth Buying at a Premium P/S or Should Investors Wait?
The whipping post
Netflix NFLX trades at a forward 12-month price-to-sales ratio that sits meaningfully above its broader media and entertainment peer group, a premium that has historically been justified by superior margin expansion, scale in originals and a fast-growing advertising business. From a valuation standpoint, Netflix appears overvalued, trading at a forward 12-month price-to-sales ratio of 5.98X, … Read more
Dan Ives Has a $400 Price Target on Apple. After WWDC, Here's Whether He's Right.
Key Points Apple’s Worldwide Developers Conference (WWDC) failed to boost the stock. The company rolled out a series of updates and features, including an improved Siri personal assistant. 10 stocks we like better than Apple › Wedbush analyst Dan Ives is one of the most prominent Apple (NASDAQ: AAPL) stock bulls on Wall Street. He … Read more
Is PLAY Stock a Bargain or a Value Trap for Investors Today?
Dave & Buster’s Entertainment, Inc. PLAY is trading like a damaged value story after a sharp stock decline. The key question is whether the market has already priced in the bad news or whether weak operating trends still justify the discount. The stock’s valuation is low enough to attract bargain hunters. Yet the earnings trend, … Read more